Word: excessive
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Dates: during 1980-1989
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Palme's most controversial plan is known as the wage-earner fund, an innovative concept designed to increase worker investment in industry. The plan would impose a 1% levy on wages, paid by the employer, and a 20% corporate tax on "excess profits," to be contributed to a fund that would be set up in each of Sweden's 24 counties. The pool of money, expected to grow by $1 billion a year, would be used to purchase shares in profitable companies. Critics in business and industry as well as Palme's political opponents warn, however, that...
...OTHER DAY, Director of University Development Thomas Reardon was trying to illustrate the success thus far of the five-year $350 million Harvard Campaign. The subject was major gifts--those in excess of $100,000--the backbone of any capital drive...
...latest example of such excess was the promotion of nifedipine, a heart medication marketed by Pfizer Inc. under the brand name Procardia. Introduced with a splashy campaign after approval in January, the drug racked up $17 million in sales in twelve weeks, vastly outselling verapamil, a similar product marketed by the Searle and Knoll pharmaceutical companies. Late last month the FDA blew the whistle. In a ten-page letter issued to Pfizer, the agency complained that the Procardia campaign was "false and misleading in its overall message," and that by misrepresenting important warnings, it "increases the risk of serious adverse...
...cost of living increases over three years. Management held out for concessions worth $6 billion. By taking a hard line, the companies are risking their first strike in 24 years when the current contract expires at the end of next July. Yet with the steel industry still suffering from excess capacity and slack demand, the union has little leverage in the talks...
...create her role opposite Leslie Howard. The film made her a star, and Selznick made an image for this shy, frugal, occasionally awkward young woman: no makeup, no eyebrow plucking, no glamorizing. It was a fresh angle, and it worked especially well in the wartime '40s, when frivolous excess was regarded as unpatriotic. The gurgling approval of the women's clubs and pictures like The Bells of St. Mary's and Joan of Arc were almost inevitable...